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14 Beds
8 Baths
5,564 sqft

$2,095,000

1311 W Martin Luther King Jr Boulevard, Los Angeles CA, 90037

Price per sqft$376.53
Built in1949
Property size5,564 sqft
Property typeResidential
Listed by Derrick Smith CA DRE# 02019367 with Coldwell Banker Realty 310-801-1087

Overview

Active

Listed Sep 8, 2026

Updated 2 weeks ago

Smith Realty Collective is pleased to present this incredible cash-flowing 7-unit building just blocks away from the prestigious USC, LA Coliseum, and BMO Stadium. Currently generating an attractive 8.5% CAP rate, this property offers investors immediate cash-flow potential in one of Los Angeles' most dynamic and rapidly evolving areas. Adding to the investment appeal, the property is located within an Opportunity Zone, potentially providing qualifying investors with valuable federal tax benefits, including capital-gains deferral and other potential tax advantages. But the upside doesn't stop there. The sale includes approved Ready-to-Issue (RTI) plans for four additional ADUs at the rear of the property, creating a compelling opportunity to significantly increase the property's unit count, rental income, and overall values. This is the kind of value-add multifamily opportunity sophisticated investors look for: strong in-place cash flow with meaningful potential for future growth. Opportunities combining current income, strategic location, and substantial development upside are increasingly difficult to find. For investors seeking cash flow today and additional upside tomorrow, this property deserves a serious look.

$13,938/mo

Est. mortgage payment based on a $2,095,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26985151

Interior Features

Bedrooms
14
Bathrooms
8
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Derrick Smith CA DRE# 02019367 with Coldwell Banker Realty 310-801-1087

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/17/2026 at 7:05 AM UTC Last Checked: 7:05 AM UTC

 

 

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